Governor of Puerto Rico Ricardo Rosselló acknowledges former representative in the Fiscal Oversight Management Board, Elías Sánchez, and designates Christian Sobrino as his new representative

Governor of Puerto Rico Ricardo Rosselló acknowledges former representative in the Fiscal Oversight Management Board, Elías Sánchez, and designates Christian Sobrino as his new representative

(July 20, 2017 – La Fortaleza, San Juan) Governor of Puerto Rico Ricardo Rosselló expressed his gratitude today for the work executed by Elías Sánchez as his representative in the Financial Oversight Management Board (FMOB). At the same time, he designated Christian Sobrino as his representative in the FOMB.
The chief executive qualified the performance of Sánchez in the federal organization as, “highly competitive, dealing with very complicated situations with great professional skill”.
“As governor, I wish to thank Elías Sánchez for his availability to serve Puerto Rico; his commitment with our administration and, on a personal level, our respect and esteem,” expressed governor Rosselló.
After the Fiscal Plan and the Budget were certified by the FMOB, the chief executive pointed out that Christian Sobrino would have the duty of promoting the Island’s economic development agenda to the FMOB, as well as looking out for the implementation of the Fiscal Plan for the benefit of Puerto Rico.
“Sobrino has been fundamental in the success of our administration to channel our fiscal plan and as a main advisor of economic development of La Fortaleza. There is no doubt that Sobrino will be present in the meetings of the Board to look out for the best interests of the people of Puerto Rico. I am grateful to Sobrino for accepting such an important duty,” declared the chief executive.

For his part, Sobrino thanked the governor for his trust after being designated for the position.

“My focus as representative of governor Rosselló before the Financial Oversight Management Board will be to promote the economic development plan that our Island urges. There can be no economic recovery without the implementation of a concerted plan to encourage investment, create more jobs, and achieve that Puerto Rico becomes an ideal place to make business. Without this component we cannot stop the migration of our brothers and sisters, and a better quality of life for the residents of the Island,” sustained the also president of the Government Development Bank for Puerto Rico (GDB).

Sobrino possesses a bachelor’s degree in Literature and Humanities from Boston College in Chestnut Hill, Massachusetts. In 2009, he obtained a juris doctor from the Law School of the University of Puerto Rico and began the practice of his legal profession in the contributive and corporate departments of O’Neill & Borges.

In 2013, he joins the corporative department of the law offices of Pietrantoni Méndez & Álvarez. His legal practice was focused in transactions of financing and corporate restructuring, financing and government contracts, corporate acquisitions and realty, regulatory consultations of banks, insurance, and other regulated entities.

In 2015 he worked in AbbVie pharmaceutical, where he lead their program on ethics and compliance in Puerto Rico up to his designation by governor Ricardo Rosselló as president of the GDB in December 2016. Moreover, from this position he was also part of the management board in charge of leading the commercial operation of the pharmaceutical on the Island.